Coinmetro Exchange Review

CoinMetro is based in Estonia, one of the very few countries that have clear legislation on cryptocurrency licenses. The exchange aims to “redefine the industry in the age of crypto”, as their website suggests, by creating a “new vast ecosystem for trading” via providing a user-friendly, simple and secure platform. The cryptocurrencies that are supported on CoinMetro do not particularly form an extensive list, however, it covers the most popular cryptocurrencies such as BTC, BCH, ETH, XRP, and LTC.

CoinMetro is really keen on transparency, which is why there is a page dedicated to providing information on the team behind the platform, with additional links to each member’s LinkedIn profile. There is also a separate page dedicated to their transparency, along with their White Paper. The platform also provides proof of their Estonian license on their website, and highlight the importance CoinMetro gives to providing a safe and secure platform through regulation. Security is provided through a system of two-factor authentication (2FA) system, email verifications and “captcha protection”.

The exchange has offices in four critical locations around the globe: Hong Kong, Estonia, Mexico and Australia. This enables the platform to have a better global presence in the cryptocurrency scene, expanding its reach and fulfilling its aim of building a “vast ecosystem”. CoinMetro charges different fees for “takers” and “makers”. The takers fees are 0.10%, which is lower than the global industry average. The makers fees are -0.05%, meaning that makers are paid for trading. This gives the platform a significant competitive edge, as this feature definitely appeals to the average user. The withdrawal fee is fixed at 0.15%. Fiat-crypto trading is allowed on CoinMetro, and deposits can be made through bank transfers, credit cards and through existing cryptocurrency. This, along with its global presence, expands CoinMetro’s reach even wider as it enables new cryptocurrency investors to use the platform with ease.

CoinMetro’s website is designed in a very interactive and practical fashion, though it lacks in language inclusivity. It seems from the home page that the only language offered on the website is English, as there isn’t a drop-down menu offering different language options.